Inflation hits 30 year high to become
Biden’s latest crisis; Manchin says
DC ‘can no longer ignore’ pain
BizPac Review,
by
Terresa Monroe-Hamilton
Original Article
Posted By: Imright,
11/10/2021 6:17:59 PM
Inflation has officially become the latest crisis to hit the Biden administration as U.S. consumer prices rose at the fastest annual pace in more than 30 years, squeezing American families on food, gas, and energy just before the holidays hit.A myriad of woes are afflicting Biden as the supply chain bogs down and shortages become prevalent in America. Many experts contend that the current inflation is not “transitory” as Biden asserts and have severe doubts about his claim that the Build Back Better agenda will alleviate inflation.The consumer price index rose an astonishing 6.2% year over year in October, according to the Labor Department. That is the largest
Reply 1 - Posted by:
marbles 11/10/2021 6:20:39 PM (No. 973659)
THEY created it on purpose. The dems will now tell you only they can fix it via buildbackbetter
43 people like this.
And we all know, #1, that Build Back Bolshevik injects so much clownbux into the economy that inflation will go through the roof.
Too many dollars chasing too few goods and services. We need to STOP pouring money into the economy and pull back, but Keynesians are always about debt spending and currency debasement.
34 people like this.
Reply 3 - Posted by:
voxpopuli 11/10/2021 7:18:46 PM (No. 973691)
"Manchin says
DC ‘can no longer ignore’ pain"
DC?
what about those running the show?
chicoms/EU/soros
maybe just a little MORE pain to put
those uppity Americans in their place
26 people like this.
Reply 4 - Posted by:
Lawsy0 11/10/2021 7:22:55 PM (No. 973694)
Did Manchin just let fly with the truth that the elected class has never given a rabid rat's ass about those of us who voted their sorry donkeys into office since they can NO Longer ignore the PAIN?
25 people like this.
Reply 5 - Posted by:
Omen55 11/10/2021 7:31:36 PM (No. 973698)
Manchin is all but saying there will be no "Yea" on BBB.
21 people like this.
Reply 6 - Posted by:
Ribicon 11/10/2021 7:33:19 PM (No. 973703)
Who is more criminally stupid, former Federal Reserve Chairman and current US Treasury Secretary Janet Yellen, who at a bare minimum should be behind bars for stealing from the American people, or the renowned economics expert AOC?
September 26, 2017: "Yellen: Fed perplexed by chronically low inflation"
https://www.cbsnews.com/news/yellen-federal-reserve-perplexed-by-chronically-low-inflation/
November 24, 2020: "Yellen’s Mandate: Massive Stimulus, Assuaging Fears of Inflation"
https://foreignpolicy.com/2020/11/24/yellens-mandate-massive-stimulus-assuaging-fears-of-inflation/
January 27, 2021: "Jerome Powell and Janet Yellen aren't worried about inflation. Maybe they should be"
https://edition.cnn.com/2021/01/27/economy/inflation-federal-reserve-janet-yellen/index.html
March 8, 2021: "Yellen plays down inflation fears, pushes for relief bill"
https://abcnews.go.com/US/wireStory/yellen-plays-inflation-fears-pushes-relief-bill-76321540
March 14, 2021: Yellen says US inflation risk remains small and is ‘manageable’
https://www.bostonglobe.com/2021/03/14/nation/yellen-says-us-inflation-risk-remains-small-is-manageable/
March 14, 2021: "Prices will rise because of stimulus, but that won't last, Janet Yellen says"
https://www.cnn.com/2021/03/14/investing/janet-yellen-inflation/index.html
May 5, 2021: "Treasury Secretary Janet Yellen said Tuesday she wasn’t expecting an inflation problem as the U.S. economy rebounds, walking back comments that unsettled markets hours earlier."
https://nypost.com/2021/05/05/janet-yellen-clarifies-inflation-comments-after-roiling-wall-street/
June 7, 2021: "Yellen Admits Inflation Is About To Surge But Says It Will Be ‘Plus For Society’s Point Of View’"
https://dailycaller.com/2021/06/07/janet-yellen-treasury-department-joe-biden-inflation-interest-rates/
July 15, 2021: "Yellen Says Concerned About Housing Prices but Inflation to Calm"
https://money.usnews.com/investing/news/articles/2021-07-15/yellen-says-concerned-about-housing-prices-but-inflation-to-calm
July 16, 2021: "Yellen Predicts ‘Rapid Inflation’ After Downplaying Risk For Months"
https://dailycaller.com/2021/07/16/janet-yellen-treasury-department-federal-reserve/
July 16, 2021: "US to see ‘several more months’ of high inflation, Yellen says"
https://www.malaymail.com/news/money/2021/07/16/us-to-see-several-more-months-of-high-inflation-yellen-says/1990276
Aug. 4, 2021: "Yellen says monthly U.S. inflation rates should subside by end-2021"
https://www.reuters.com/article/usa-treasury-yellen-inflation-idUSW1N2LK033
October 24, 2021: "Treasury Secretary Janet Yellen: High inflation should fall in middle of 2022"
https://www.washingtontimes.com/news/2021/oct/24/treasury-secretary-janet-yellen-high-inflation-sho/
28 people like this.
Reply 7 - Posted by:
nwcudagal 11/10/2021 7:42:58 PM (No. 973718)
My husband and I are retired with serious health issues. Not looking forward to the future with the Biden administration. Food prices are sky-rocketing. We live modestly and have some savings, but what Biden is doing is criminal. His energy person who barely speaks English is going to drive the nail in our coffin for sure. Bring Back BROKE. I didn't work all my life for this treatment.
40 people like this.
Reply 8 - Posted by:
Safari Man 11/10/2021 9:06:07 PM (No. 973773)
Cancel the $1.7 trillion inflation supercollider. That thing is a slush fund wrapped by a fraud cloaked in a scam masked by waste and abuse for the benefit of dem cronies.
24 people like this.
Reply 9 - Posted by:
crashnburn 11/10/2021 11:24:11 PM (No. 973831)
Don't forget Brandenomics!
13 people like this.
Reply 10 - Posted by:
smokincol 11/11/2021 12:55:01 AM (No. 973881)
for me, it would instill a lot of confidence in Joe Manchin if he would DO something instead of talking about doing things, like caucus with the non-RINO's in the senate. I just have a hard time believing any politician who only talks about doing things and not acting on it. he's talking like a repub so now is the time to act.
16 people like this.
Reply 11 - Posted by:
Trigger2 11/11/2021 2:45:45 AM (No. 973902)
I sincerely hope Manchin sinks Joey's Build Back Worse plan.
19 people like this.
Reply 12 - Posted by:
NotaBene 11/11/2021 3:02:02 AM (No. 973909)
The USA is directed to the poorhouse by Bideninflation. The Freemason Globalists will not mind a bit because they import fresh cheap labor at a rate of 2,000,000 trafficked per year.
12 people like this.
There is absolutely no excuse for this. Period. It is all the work at the demonic Jihad Jubta who is ruling this Nation via the worst fraud and deceit in the history of the modern world. The ruse must end and quickly…
14 people like this.
Reply 14 - Posted by:
Rather Read 11/11/2021 6:40:23 AM (No. 974002)
I just paid my electric bill. It was higher than ever despite my air conditioning being off. I don't get it. I wash 2 loads of clothes per week in cold water and line dry everything except towels and sheets. I don't leave lights on and I unplug appliances I don't use. I had an energy audit and my house is fine. I lay all the blame on the current administration and their total indifference.
24 people like this.
Reply 15 - Posted by:
Dodge Boy 11/11/2021 7:16:37 AM (No. 974019)
If one were to consolidate all price increases that are involved in our daily lives, a more realistic CPI would be more like 15%. We could be so lucky if it was only 6.2%.
16 people like this.
Reply 16 - Posted by:
homefry 11/11/2021 7:22:21 AM (No. 974028)
THIS is what dim0s do.
11 people like this.
Reply 17 - Posted by:
udanja99 11/11/2021 8:18:38 AM (No. 974076)
People tend to vote their wallets so we’ll see how well all of the TaliBiden voters fair this winter and then we’ll likely see a red tsunami next year. Youngkin, Sears, Myares, and Durr prove that we can beat the cheating.
8 people like this.
Reply 18 - Posted by:
Kafka2 11/11/2021 9:18:47 AM (No. 974141)
The BBB bill, as with most Repressive/Democrat legislation, is misnamed to hide what is really in it. It should be called the “Bully, B.S., and Bankrupt” bill. They are trying to ram it down our throats. They are lying about its impact and costs. And, its true cost will bankrupt the country.
6 people like this.
Reply 19 - Posted by:
stablemoney 11/11/2021 9:33:18 AM (No. 974170)
Every bit of the pain has been caused by DC.
7 people like this.
Reply 20 - Posted by:
Zigrid 11/11/2021 10:11:53 AM (No. 974239)
I believe that china along withe K Street lobbyists wanted to bring America's economy to it's knees and used obama/biden and the commie lush harris to enforce masking and restrictions on travel and purchases...sometimes God tweaks a commie nose...and I was giggling that governor newsom of California stolen recall had a bad reaction to the vaccine... it's a bit of justice considering all he's done to punish his people...Karma is a b____...
6 people like this.
Reply 21 - Posted by:
Krause 11/11/2021 11:21:28 AM (No. 974344)
Biden is punishing the American people, including the poorest ones.
6 people like this.
Reply 22 - Posted by:
dman 11/11/2021 2:08:27 PM (No. 974515)
As Nancy, Chuck, et al try to twist your arm:
remember Jim Jeffords.
2 people like this.
Reply 23 - Posted by:
Trump'sCousin 11/11/2021 3:42:19 PM (No. 974601)
I do not trust Joe Manchin
2 people like this.
Reply 24 - Posted by:
bobmadison 11/11/2021 4:12:31 PM (No. 974625)
Bidenflation on steroids. They don't have a clue. They are waited on hand and foot. Besides, Manchin is running for President in 2024.
0 people like this.
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